Latest in Trump Tariffs Reheat
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Trump ‘most likely’ needs 60 votes in Senate to enact tariff plan, Sen. Rick Scott suggests
There's a debate as to whether President-elect Donald Trump can enact a sweeping tariff plan with or without congressional approval.Business - CNBC - 4 days ago -
Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
Donald Trump's recent victory is likely to see looming tariffs on China — but it may not be the only country subject to tariffs, according to Goldman Sachs.Business - CNBC - 3 days ago -
The Guardian view on Trump’s tariff push: it should spark a global call for fairer trade | Editorial
US protectionism raises alarms, underscoring the need for balanced policies as wealthy nations’ tariffs can hurt developing economies. “To me, the most beautiful word in the dictionary is tariff,” ...World - The Guardian - 3 days ago -
Trump’s tax plans: $7,500 EV credit likely to get axed, as tariffs spark anxiety
One tax credit that appears on track for elimination is an Inflation Reduction Act provision that can provide up to $7,500 to buyers of electric vehicles.Business - MarketWatch - 2 days ago -
'Everyone is calling': Trump's tariff threats send U.S. companies scrambling for lobbyists and loopholes
Donald Trump campaigned on hardline tariff proposals that alarmed economists, corporate America and Wall Street.Business - CNBC - 2 days ago -
Trump just might be able to impose higher tariffs without starting a trade war
The president-elect’s trade policies are still uncertain. But here are some potential pros and cons.Business - MarketWatch - 6 hours ago -
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemicWorld - ABC News - Yesterday -
Trump tariffs loom over retail earnings as Home Depot points to ‘industry-wide impact’
Home Depot Inc.’s third-quarter results this week gave a glimpse into the looming issue of tariffs for major U.S. retailers.Business - MarketWatch - Yesterday -
Germany’s car industry is losing its famous Vorsprung – and it can’t all be blamed on Trump and tariffs | Konstantin Richter
It was once the envy of the world – but now its arrogance and failure to change or take risks lie at the root of its decline. About 50 years ago, a man named Hans Bauer who worked in marketing for ...World - The Guardian - 18 hours ago -
UK must offer Trump concessions on China to avoid tariffs says senior MP
Labour’s Liam Byrne argues government needs to address US concerns about economic securityWorld - Financial Times - 12 hours ago -
Tariffs are hard work
The uncertainty surrounding Trump’s trade policiesWorld - Financial Times - 2 days ago -
Bernie Moreno: Tariffs are ‘not going anywhere’
Republican businessman Bernie Moreno, who defeated incumbent Ohio Sen. Sherrod Brown (D), noted President-elect Trump’s promise to have tariffs lifted the U.S. economy. “They’re not going ...Politics - The Hill - November 7 -
China Considering Higher Tariffs on Car Imports
China said it may raise tariffs on imported internal-combustion-engine cars with large engines sizes, after the EU voted to increase import duties on China-made electric vehicles.Business - The Wall Street Journal - October 17 -
Yellen Calls Tariff Plan ‘Deeply Misguided’
The Treasury Secretary and former Fed chair said walling off the U.S. economy would raise prices and make businesses less competitive. It’s a central feature of Donald Trump’s economic plan.Business - Inc. - October 17 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - October 30 -
No, tariffs did not make American industry great
New research suggests that America’s manufacturing rise came despite high tariffs, not because of them.Business - MarketWatch - November 5 -
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Mexico Signals It Could Hit Back With Tariffs at U.S.
Could a tariff war erupt between the United States and Mexico? A top Mexican official said his country might retaliate if the Trump administration placed steep tariffs on Mexico.Business - The New York Times - 2 days ago -
Yellen warns "sweeping, untargeted tariffs" would reignite inflation
Treasury chief Janet Yellen is warning that tariffs planned by former President Donald Trump will reignite inflation.Top stories - CBS News - October 17 -
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What tariffs do and why economists don't like them
“The most beautiful word in the dictionary is tariff,” former President Donald Trump told the Economic Club of Chicago last week.Top stories - NBC News - October 21 -
Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.Business - MarketWatch - October 21 -
Tariff surge would damage global growth, IMF warns
In a forecast two weeks before US election the fund says greater protectionism would drag down world economyBusiness - Financial Times - October 22